Human Capital Maximizers
Company Summary
Human Capital Maximizers is a HR consultancy firm serving the Portland area market. HCM will be set up as an Oregon Corporation owned by Major Adversity and will focus on emerging companies.
2.1 Company Ownership
Human Capital Maximizers is a privately held Oregon corporation founded and owned by Major Adversity.
2.2 Start-up Summary
Human Capital Maximizers will incur the following start-up expenses:
- Two desks, two chairs, and two lockable file cabinets.
- Two computer systems including a CD-RW, printer and a third computer to serve as a server.
- DSL router and DSL connections.
- Two telephones, fax machine, and copier.
Please note that the following items which are considered assets to be used for more than a year will labeled long-term assets and will be depreciated using G.A.A.P. approved straight-line depreciation method.
| Start-up | |
| Requirements | |
| Start-up Expenses | |
| Legal | $1,000 |
| Stationery etc. | $150 |
| Website development | $0 |
| Other | $0 |
| Total Start-up Expenses | $1,150 |
| Start-up Assets | |
| Cash Required | $10,050 |
| Other Current Assets | $0 |
| Long-term Assets | $4,800 |
| Total Assets | $14,850 |
| Total Requirements | $16,000 |
| Start-up Funding | |
| Start-up Expenses to Fund | $1,150 |
| Start-up Assets to Fund | $14,850 |
| Total Funding Required | $16,000 |
| Assets | |
| Non-cash Assets from Start-up | $4,800 |
| Cash Requirements from Start-up | $10,050 |
| Additional Cash Raised | $0 |
| Cash Balance on Starting Date | $10,050 |
| Total Assets | $14,850 |
| Liabilities and Capital | |
| Liabilities | |
| Current Borrowing | $0 |
| Long-term Liabilities | $0 |
| Accounts Payable (Outstanding Bills) | $0 |
| Other Current Liabilities (interest-free) | $0 |
| Total Liabilities | $0 |
| Capital | |
| Planned Investment | |
| Major | $16,000 |
| Investor 2 | $0 |
| Other | $0 |
| Additional Investment Requirement | $0 |
| Total Planned Investment | $16,000 |
| Loss at Start-up (Start-up Expenses) | ($1,150) |
| Total Capital | $14,850 |
| Total Capital and Liabilities | $14,850 |
| Total Funding | $16,000 |
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